Advantest (OTCMKTS:ATEYY) Sets New 1-Year High – What’s Next?

Advantest Co. (OTCMKTS:ATEYY)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $55.20 and last traded at $54.82, with a volume of 99188 shares. The stock had previously closed at $53.54.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Advantest to a “strong-buy” rating in a research report on Monday, October 7th.

Advantest Stock Up 2.4 %

The firm has a market cap of $40.46 billion, a PE ratio of 92.31 and a beta of 1.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.33 and a quick ratio of 1.71. The business has a fifty day moving average price of $47.08 and a two-hundred day moving average price of $40.69.

Advantest (OTCMKTS:ATEYY) last released its earnings results on Wednesday, July 31st. The company reported $0.21 earnings per share for the quarter. The company had revenue of $889.88 million for the quarter, compared to analysts’ expectations of $680.79 million. Advantest had a return on equity of 18.20% and a net margin of 14.65%. On average, analysts anticipate that Advantest Co. will post 0.8 EPS for the current fiscal year.

Advantest Company Profile

Advantest Corporation manufactures and sells semiconductors, component test system products, and mechatronics related products in Japan, the Americas, Europe, and Asia. The company operates through three segments: Semiconductor and Component Test System; Mechatronics Related Business; and Services, Support and Others.